IHS Chemical Week

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April 24, 2014
CHS Inc. (St. Paul, MN), a farmer-owned cooperative and energy, grains, and foods company, has formed a 50-50 joint venture with Fessenden Cooperative Association (Fessenden, ND) to...
http://www.chemweek.com/regions/north_america/Farmer-co-op-CHS-forms-JV-to-build-fertilizer-warehouse_60494.html
April 23, 2014
Ferro today reported first-quarter net income of $17.2 million, compared with $883,000 in the year-ago quarter. Adjusted earnings totaled 19 cts/share, nearly double the year-ago...
http://www.chemweek.com/regions/north_america/Ferro-beats-estimates-raises-full-year-guidance_60510.html
April 23, 2014
Milliken (Spartanburg, SC) announced today that it is building new capacity for a clarifying agent for polypropylene (PP) at Blacksburg, SC. The new capacity will be onstream in 2015...
http://www.chemweek.com/regions/north_america/Milliken-to-increase-capacity-for-PP-clarifier_60492.html
April 23, 2014
Novozymes will establish an R&D center in the United States dedicated to the bioagriculture business, the company announced today. The center will be located near Research Triangle...
http://www.chemweek.com/regions/north_america/Novozymes-to-establish-bioagriculture-R-and-D-center-in-North-Carolina-invest-$36-million-over-three-years_60491.html
April 23, 2014
Praxair had first-quarter net income of $448 million, up 8% year-on-year (YOY). Reported earnings of $1.51/share are in line with analyst consensus, according to Thomson Reuters (New...
http://www.chemweek.com/regions/north_america/Praxair-earnings-up-on-North-American-chemicals-growth_60489.html
April 23, 2014
Dow Chemical reports higher first-quarter profits, driven by gains in most segments as well as productivity and cost-control actions. Adjusted earnings of 79 cts/share increased 14% year-on-year (YOY), easily beating the analysts’ consensus estimate of 70 cts/share. Sales increased 1% YOY, to $14.5 billion. Net income increased 75% YOY, to $964 million....
http://www.chemweek.com/regions/north_america/Dow-reports-75-percent-gain-in-first-quarter-net-income-handily-beats-estimates_60485.html
April 23, 2014
Air Products reports net income of $284 million for the quarter ended 31 March, down 2% year-on-year (YOY). Reported earnings of $1.32/share fell below analyst estimates of...
http://www.chemweek.com/regions/north_america/Air-Products-earnings-down-sales-up-in-second-quarter_60490.html
April 22, 2014
Enterprise Products Partners (Enterprise; Houston) is building a fully refrigerated ethane export terminal on the Texas Gulf Coast, the company announced on 22 April. Enterprise expects the facility, which will be able to load up to 240,000 bbl of ethane per day, to begin operations in the third quarter of 2016....
http://www.chemweek.com/regions/north_america/Enterprise-to-build-ethane-export-terminal-on-Texas-Gulf-Coast_60478.html
April 22, 2014
Cytec today reported first-quarter earnings up 57% year-on-year (YOY), to $55.9 million, or $1.52/share, on sales up 2.5%, to $489 million. Adjusted earnings totaled $1.42/share...
http://www.chemweek.com/regions/north_america/Cytec-beats-estimates-on-solid-volumes_60479.html
April 22, 2014
Biobased isobutanol maker Gevo (Englewood, CO) announced today that Lufthansa has agreed to evaluate Gevo's renewable jet fuel with the goal of approving Gevo's alcohol-to-jet...
http://www.chemweek.com/regions/north_america/Lufthansa-to-evaluate-Gevo-renewable-jet-fuel_60477.html
April 22, 2014
ACC today released its monthly chemical activity barometer (CAB)—noting that the CAB reached its highest level since March 2008. On a three-month moving average basis, the April...
http://www.chemweek.com/regions/north_america/ACC-CAB-at-highest-level-since-2008_60464.html
April 22, 2014
CF Industries announced that its Woodward, OK, nitrogen complex is currently off-line due to a problem in one of the boilers. All of the plants in the complex have been safely shut...
http://www.chemweek.com/regions/north_america/CF-Industries-shuts-down-Woodward-OK-nitrogen-complex-because-of-boiler-problem_60462.html
April 22, 2014
The Climate Change and Emissions Management Corp. (Sherwood Park, AB) has awarded a $500,000 grant to Oakbio (Sunnyvale, CA), a clean-technology company; and Ohio State University...
http://www.chemweek.com/regions/north_america/Cleantech-company-receives-grant-to-convert-CO2-into-butanol_60451.html
April 22, 2014

Celanese reports net earnings of $195 million for the first quarter, up 37% year-over-year (YOY). Adjusted earnings increased 16% YOY and 28% sequentially to $1.33/share, beating the analysts’ consensus estimate of $1.15 compiled by Thomson Reuters.

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http://www.chemweek.com/regions/north_america/Celanese-earnings-up-on-strong-advanced-materials-acetyls_60439.html
April 21, 2014
Verdezyne (Carlsbad, CA), an industrial biotechnology company, announced today that it has completed production of over one m.t. of biobased dodecanedioic acid (DDDA) using its...
http://www.chemweek.com/regions/north_america/Verdezyne-completes-biobased-monomer-production_60425.html
April 21, 2014
Honeywell today reported a fall in profit in its performance materials segment. Profit was down 3% year-on-year (YOY), to $374 million and driven by unfavorable petrochemical catalyst...
http://www.chemweek.com/regions/north_america/Honeywell-performance-material-unit-posts-lower-earnings_60365.html
April 21, 2014
DuPont reports first-quarter operating earnings of $1.5 billion, up 1% year-on-year (YOY), as weaker agriculture results offset gains in other segments. Operated earnings of $1.58/share were up 1% from the year-ago quarter. Reported results are in line with analyst estimates as reported by Thomson Reuters (New York), which had lowered its numbers in recent weeks, after DuPont said first-quarter results would be hurt because of winter storms in North America and business disruptions in Ukraine....
http://www.chemweek.com/regions/north_america/us/DuPont-earnings-up-1-percent-despite-revenue-slip-on-weak-ag-results_60359.html
April 21, 2014
Platform Specialty Products (PSP; Waterbury, CT) has entered into a definitive agreement to acquire Chemtura's pesticides business for $1 billion. The price consists of $950...
http://www.chemweek.com/regions/north_america/Platform-acquires-Chemturas-pesticides-business-for-$1-billion_60358.html
April 21, 2014
Alpek (San Pedro Garza García, Mexico) reports $24 million in net income during the first quarter, 61% down year-on-year (YOY) but a significant improvement from the $9-million...
http://www.chemweek.com/regions/north_america/Alpek-reports-61-percent-drop-in-first-quarter-net-income_60355.html
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